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Online Loan Scam

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Many people need a little extra money during the holidays and they look for an online loan. But, people should be careful before giving out any information. 23-year-old business owner Hannah Griffin is just one of many who have been victimized by the scam.

Griffin was looking to expand her business and went online for a loan. The next day a company called New Castle Fidelity called, faxing her some paperwork and telling her to send $1,100 as security. She moneygrammed the money and was asked for another $1,100. She was suspicious, asked for her money back, and New Castel Fidelity said they couldn't return the money.

Griffin said, "They have my name, driver license number, social security number, so basically they could steal my identity and I woudn't even know."

The website has other reports of New Castle fraud.

The Better Business Bureau says people shoud look out for loan companies that pressure you to act immediately, will not provide a location, or that have questionable connections to financial insitutions.